Question: help on balance sheet Below is the simplified balance sheet of Gorgonzolan commercial banks at some point in time. Assume that the Gorgonzolan commercial banks

help on balance sheet

Below is the simplified balance sheet of Gorgonzolan commercial banks at some point in time. Assume that the Gorgonzolan commercial banks desire to hold reserves of 5 percent of deposits and that the public holds no currency long term. Instructions: Enter your responses as whole numbers. a. Given the data in the balance sheet, the Gorgonzolan commercial banks want to hold in reserves. b. The Gorgonzolan commercial banks currently have in extra reserves that they would like to lend out. c. Assuming that no additional reserves enter the Gorgonzolan banking system, the final values of bank reserves, loans, and deposits are: Final consolidated balance sheet d. The final value of the money supply is: guilders

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